Electrolux reported net sales of SEK 27,482 million for Q2 2009, an increase from SEK 25,587 million in Q2 2008, despite a decline of 8.4% in comparable currencies due to market downturns. Operating income improved to SEK 1,052 million compared to SEK 254 million the previous year, driven by cost reductions and lower raw material costs. The company continues to gain market share in North America and Latin America, although overall market demand for appliances remains weak.

1. theas
Interim report
January - June 2009
Stockholm, July 16, 2009
Highlights of the second quarter of 2009
• Net sales amounted to SEK 27,482m (25,587) and income for the period to
SEK 658m (99), or SEK 2.32 (0.36) per share.
• Net sales declined by 8.4%, in comparable currencies, due to continued
sharp market downturn in Electrolux main markets.
• Operating income amounted to SEK 1,027m (793), excluding items affecting Contents
comparability. Net sales and income 2
• Continued strong cash flow gives Electrolux a solid financial position. Market overview 3
• Despite continued weak markets, operating income in Europe and North Business areas 3
America improved due to cost reductions, lower costs for raw materials and Cash flow 6
price increases.
Financial position 6
• Electrolux continues to gain market shares in the North American,
Financial statements 11
Latin American and Australian markets for appliances.
Change First half First half Change
SEKm Q2 2009 Q2 2008 % 2009 2008 %
Net sales 27,482 25,587 7.4 53,300 49,780 7.1
Operating income 1,052 254 314.2 666 249 167.5
Margin, % 3.8 1.0 1.2 0.5
Income after financial items 932 140 565.7 439 -9 N/A
Income for the period 658 99 564.6 312 -7 N/A
Earnings per share, SEK1) 2.32 0.36 1.10 -0.02
Return on net assets, % - - 6.4 2.5
Excluding items affecting comparability
Items affecting comparability 25 -539 -399 -505
Operating income 1,027 793 29.5 1,065 754 41.2
Margin, % 3.7 3.1 2.0 1.5
Income after financial items 907 679 33.6 838 496 69.0
Income for the period 633 491 28.9 693 351 97.4
Earnings per share, SEK1) 2.23 1.74 2.44 1.24
Return on net assets, % - - 9.9 7.1
1) Basic, based on an average of 283.9 (283.5) million shares for the second quarter and 283.8 (282.7) million shares for the first half of 2009,
excluding shares held by Electrolux.
For earnings per share after dilution, see page 11.
For definitions, see page 19.
For further information, please contact Peter Nyquist, Head of Investor Relations and Financial Information, at +46 8 738 60 03.
AB ELECTROLUX (PUBL)
Postal address Media hotline Investor Relations E-mail
SE-105 45 Stockholm, Sweden +46 8 657 65 07 +46 8 738 60 03 ir@electrolux.se
Visiting address Telefax Website Reg. No.
S:t Göransgatan 143 +46 8 738 74 61 www.electrolux.com 556009-4178

2. 2
Interim report January - June 2009
Net sales and income Financial net
Net financial items for the second quarter of 2009 amounted to
Second quarter of 2009 SEK -120m, compared to SEK -114m for the corresponding period
Net sales for the Electrolux Group in the second quarter of 2009 in the previous year.
amounted to SEK 27,482m (25,587). Sales were positively impacted
by changes in exchange rates, while changes in volume/price/mix First half of 2009
had a negative impact. Net sales decreased by 8.4% in comparable Net sales for the Electrolux Group in the first half of 2009 amounted
currencies. to SEK 53,300m as against SEK 49,780m in the previous year. In
comparable currencies net sales declined by 8.0%.
Change in net sales
First half
% Q2 2009 2009 Operating income
Operating income for the first half of 2009 increased to SEK 666m
Changes in Group structure 0.0 0.0
(249) and income after financial items to SEK 439m (-9). Income for
Changes in exchange rates 15.8 15.1
the period increased to SEK 312m (-7), corresponding to SEK 1.10
Changes in volume/price/mix -8.4 -8.0
(-0.02) in earnings per share.
Total 7.4 7.1
Operating income for the first half of 2009 was negatively impac-
ted by the North American launch in the net amount of SEK -200m.
Operating income
In the first half of 2008, non-recurring items were charged against
Operating income for the second quarter of 2009 increased to
operating income in the total amount of approximately SEK -780m,
SEK 1,052m (254) and income after financial items to SEK 932m
see table below.
(140). Income for the period amounted to SEK 658m (99), cor-
responding to SEK 2.32 (0.36) in earnings per share.
Electrolux North American launch and
non-recurring items
Items affecting comparability First half First half
SEKm, approximately 2009 2008
Operating income for the second quarter of 2009 includes items
Net impact of the launch of Electrolux, applian-
affecting comparability in the amount of SEK 25m (-539) referring to ces North America -200 -350
a sale of a real estate in Changsha in China. The factory in Cost-cutting program, appliances Europe -360
Changsha was closed in the first quarter of 2009, see table on page Cost for a component problem for dishwashers,
11. appliances Europe -120
Excluding items affecting comparability, operating income Capital gain, real estate, appliances Europe 130
amounted to SEK 1,027m (793). Cost for litigation, appliances North America -80
The launch of Electrolux in North America in 2008 had a net Total -200 -780
negative impact on the second quarter previous year in the amount
of approximately SEK -230m. Operating income for the second Items affecting comparability
quarter of 2009 was in line with the previous year, excluding these Operating income for the first half of 2009 includes items affecting
launch costs. comparability in the amount of SEK -399m (-505), see table on
page 11. Excluding items affecting comparability, operating income
Effects of changes in exchange rates for the first half of 2009 increased to SEK 1,065m (754) and income
Changes in exchange rates compared to the previous year, inclu- after financial items to SEK 838m (496). Income for the period was
ding both translation and transaction effects, had an impact of SEK 693m (351), corresponding to SEK 2.44 (1.24) in earnings per
SEK -249m on operating income for the second quarter of 2009 share.
compared to the same period in the previous year. Transaction
effects net of hedging contracts amounted to SEK -250m and refer- Effects of changes in exchange rates
red mainly to the strengthening of the US dollar and the euro against Changes in exchange rates compared to the previous year, including
several other currencies. Translation of income statements in subsi- both translation and transaction effects, had an impact of SEK -646m
diaries had an impact of SEK 1m. on operating income for the first half of 2009. Transaction effects net
The effect of changes in exchange rates on income after financial of hedging contracts amounted to SEK -638m. Translation of income
items amounted to SEK -267m. statements in subsidiaries had an effect of SEK -8m.
The effect of changes in exchange rates on income after financial
items amounted to SEK -672m.
Share of sales by business area,
for the first half of 2009 Operating income and margin*
SEKm %
2,000 8
Consumer Durables, 94%
1,500 6
Europe, 38%
North America, 36% 1,000 4
Latin America, 11%
500 2
Asia/Pacific and
Rest of world, 9%
0 0
Q1 Q2 Q3 Q4 Q1 Q2
Professional Products, 6% 2008 2009
–500 –2
* Excluding items affec-
ting comparability.
EBIT EBIT margin

3. 3
Interim report January - June 2009
Financial net Italy, Great Britain, France, and the Nordic region. Demand in Ger-
Net financial items for the first half of 2009 decreased to SEK -227m many continued to increase somewhat. Deliveries of appliances in
compared to SEK -258m for the corresponding period in the pre- Eastern Europe declined by 30%.
vious year. The improvement is mainly due to lower interest rates on The weak market demand and lower sales of products under
borrowings. private label led to lower sales for the Group in comparison with the
second quarter of 2008.
Operating income improved in the second quarter. An improved
Market overview country and product mix, previous price increases and savings
Most of Electrolux main markets for appliances continued to show related to redundancy of personnel and moving capacity to low-
a decline in the second quarter of 2009. The North American mar- cost countries had a positive impact on operating income. Savings
ket has declined for twelve consecutive quarters. In the second and lower costs for components and raw materials also had a posi-
quarter, industry shipments in the US declined by 14%. The Euro- tive impact on income. Lower volumes, unfavorable currency effects
pean market has been falling for six consecutive quarters, with Eas- and reduced utilization of capacity at the Group’s plants had a
tern Europe showing a continued dramatic downturn in the second negative effect on income.
quarter, declining by 30%. Demand in Western Europe declined by
9% and the total market in Europe by 14%. The market in Brazil Floor-care products
increased in the second quarter due to temporary tax reduction on Market demand for vacuum cleaners in Europe continued to decline
domestically-produced appliances. Most other markets in Latin in the second quarter of 2009 in comparison with the same period
America continued to decline. in 2008.
There are no indications of an immediate improvement in any of Group sales decreased as a result of lower sales volumes but
the Group’s main markets, and, therefore, market demand for app- market shares and price levels were stable. Operating income and
liances around the world is expected to decline further in 2009. margin declined as a result of lower volumes.
Business areas
Changes in net sales and operating income by business area in
comparable currencies are given on page 15.
Consumer Durables, Europe
First half First half Full year
SEKm Q2 2009 Q2 2008 2009 2008 2008
Net sales 9,935 10,500 20,110 21,025 44,342
Operating income 257 294 382 102 -22
Operating margin, % 2.6 2.8 1.9 0.5 0.0
Industry shipments of core appliances in Europe
First half
Units, year-over-year, % Q2 2009 2009
Western Europe -9 -9
Eastern Europe (excluding Turkey) -30 -30
Total Europe -14 -14
Core appliances
Industry shipments of appliances in Europe declined by 14% in the
second quarter of 2009 in comparison with the same period last
year. Deliveries in Western Europe declined by 9%. Demand conti-
nued to fall in a number of the Group’s major markets, including
Consumer Durables, Europe Industry shipments of core appliances in Europe*
%
SEKm % 10
600 6
0
400 4 Q1 Q2 Q3 Q4 Q1 Q2
–10
200 2
2008 2009
0 0 –20
Q1 Q2 Q3 Q4 Q1 Q2
–200 –2 –30
2008 2009
–400 –4 –40
–600 –6
–50
EBIT EBIT margin Western Europe Eastern Europe
* Units, year-over-year, %.

4. 4
Interim report January - June 2009
Consumer Durables, North America the second quarter of 2008 was impacted by the launch of
Electrolux in the amount of approximately SEK -230m.
First half First half Full year The new Electrolux-branded products continued to contribute to
SEKm Q2 2009 Q2 2008 2009 2008 2008
an improvement in the product mix.
Net sales 9,848 8,214 18,992 15,489 32,801
Operating income 498 113 321 -41 222 Floor-care products
Operating margin, % 5.1 1.4 1.7 -0.3 0.7 Market demand for vacuum cleaners in North America continued to
show a decline in the second quarter of 2009 compared to the cor-
responding period last year.
Industry shipments of core appliances in the US
First half Sales and operating income decreased as a result of deteriora-
Units, year-over-year, % Q2 2009 2009 tion in product mix.
Core appliances -14 -15
Major appliances -23 -20
Major appliances
Industry shipments of core appliances in the US declined by
approximately 14% in the second quarter of 2009 in comparison
with the corresponding period last year. This is the twelfth consecu-
tive quarter of decline in shipments.
Group sales of appliances in North America in comparable cur-
rencies were lower in the second quarter as a result of continued
low sales volumes and the ongoing shift in demand to products
with lower prices. The decline in sales was partly offset by previous
price increases. Sales in SEK increased due to the strengthening of
the US dollar.
Operating income for the second quarter of 2009 improved over
the same period in the previous year. Lower sales volumes were
offset by lower costs for purchases of raw materials, fixed cost
reductions and implemented price increases. Operating income for
Industry shipments of core appliances
Consumer Durables, North America in the US*
SEKm % %
600 8 5
450 6 0
Q1 Q2 Q3 Q4 Q1 Q2
300 4 –5
150 2 –10
0 0 –15
Q1 Q2 Q3 Q4 Q1 Q2
–150 –2 –20
–300 2008 2009 –4 –25 2008 2009
EBIT EBIT margin * Units, year-over-year, %.

5. 5
Interim report January - June 2009
Consumer Durables, Latin America increase in the second quarter of 2009 in comparison with the
same period in 2008. Operating income for the operations in China
First half First half Full year continued to be negatively impacted by costs related to the strategy
SEKm Q2 2009 Q2 2008 2009 2008 2008
of focusing on more profitable segments and geographies.
Net sales 3,326 2,548 5,951 4,952 10,970
Operating income 142 133 192 289 715 Professional Products
Operating margin, % 4.3 5.2 3.2 5.8 6.5
First half First half Full year
SEKm Q2 2009 Q2 2008 2009 2008 2008
Industry shipments of appliances in Latin America are estimated to
have increased in the second quarter of 2009 compared to the Net sales 1,850 1,944 3,577 3,697 7,427
same period in the previous year on the basis of higher industry Operating income 165 225 270 408 774
shipments in Brazil. Industry shipments continued to decline in Operating margin, % 8.9 11.6 7.5 11.0 10.4
most of the other Latin American markets.
In Brazil, industry shipments increased significantly on the basis Market demand for food-service equipment is estimated to have
of incentives introduced by the Brazilian government through tax declined in the second quarter of 2009 in comparison with the
reduction on domestically-produced appliances. Electrolux sales same period last year.
volumes increased in the second quarter over the same period last In the second quarter, Group sales of food-service equipment
year and sales increased. The Group gained additional market sha- declined significantly in comparable currencies as a result of lower
res in Brazil. Operating income improved on the basis of higher sales volumes. Operating income decreased due to lower capacity
volumes and a better customer mix. utilization at production facilities. Personnel cutbacks and lower
costs for raw materials had a favorable effect on income.
Consumer Durables, Asia/Pacific and Rest of world Demand in the market for laundry equipment is estimated to have
declined in the second quarter of 2009 in comparison with the
First half First half Full year same period in 2008.
SEKm Q2 2009 Q2 2008 2009 2008 2008
Group sales decreased as a result of lower volumes, but market
Net sales 2,521 2,369 4,666 4,597 9,196 shares were maintained. Operating income declined as a result of
Operating income 104 147 164 252 369 lower capacity utilization in production facilities, partly offset by cost
Operating margin, % 4.1 6.2 3.5 5.5 4.0 savings.
Australia and New Zealand
In Australia, market demand for appliances in the second quarter
was somewhat down compared with the same period last year.
Group sales in comparable currencies rose as a result of higher
sales volumes and previous prices increases. Electrolux continued
to gain market shares. Operating income was in line with the pre-
vious year. Negative currency effects of purchases of products pri-
ced in US dollars were to a large extent compensated by increased
sales and implemented cost reductions.
Southeast Asia and China
Overall market demand in Southeast Asia is estimated to have
declined in the second quarter of 2009 in comparison with the
same period last year. The Group’s sales volumes declined but
sales increased slightly reflecting price increases and improved
product mix. The operations in Southeast Asia continued to show
good profitability.
Market statistics for shipments of appliances in China indicate an
Consumer Durables, Asia/Pacific
Consumer Durables, Latin America and Rest of world Professional Products
SEKm % SEKm % SEKm %
250 10 150 10 250 15
200 8 120 8 200 12
150 6 90 6 150 9
100 4 60 4 100 6
50 2 30 2 50 3
0 0 0 0 0 0
Q1 Q2 Q3 Q4 Q1 Q2 Q1 Q2 Q3 Q4 Q1 Q2 Q1 Q2 Q3 Q4 Q1 Q2
2008 2009 2008 2009 2008 2009
EBIT EBIT margin EBIT EBIT margin EBIT EBIT margin

6. 6
Interim report January - June 2009
Cash flow Financial position
Cash flow from operations and investments in the second quarter Total equity as of June 30, 2009, amounted to SEK 17,238m
was particularly strong and amounted to SEK 3,507m (1,126). (14,357), which corresponds to SEK 60.67 (50.63) per share.
The strong cash flow was generated by income from operations
Net borrowings
as well as changes in operating assets and liabilities. Extended pay- June 30, June 30, Dec. 31,
ment terms for sourced air-conditioners in the US and Latin Ame- SEKm 2009 2008 2008
rica had a positive impact on cash flow in the quarter in the total Borrowings 15,083 11,641 13,946
amount of approximately SEK 1,300m (950). The air conditioners Liquid funds 12,886 6,424 9,390
will be paid in the third and fourth quarter. Production continued to Net borrowings 2,197 5,217 4,556
be adjusted in response to lower demand. The build-up of invento- Net debt/equity ratio 0.13 0.36 0.28
ries for the normally stronger second half of the year has been post- Equity 17,238 14,357 16,385
poned. Equity per share, SEK 60.67 50.63 57.78
Payments related to ongoing restructuring programs and cost- Return on equity, % 3.9 -0.1 2.4
cutting had a negative impact in the amount of approximately Return on equity, excluding items
SEK -235m in the quarter. affecting comparability, % 8.6 4.7 4.2
Capital expenditure in the second quarter was lower than in the Equity/assets ratio, % 27.1 23.8 25.6
same period in the previous year and referred mainly to investments
in plants for new products and to reinvestments. Net borrowings
Cash flow from investments in the second quarter of 2009 was Net borrowings amounted to SEK 2,197m (5,217). The net debt/
affected by a divestment of a real estate in the amount of approx- equity ratio was 0.13 (0.36). The equity/assets ratio was 27.1%
imately SEK 50m. (23.8).
During the first half of 2009, SEK 1,632 of new long-term borro-
Cash flow First First
wings were raised. Long-term borrowings as of June 30, 2009,
half half excluding long-term borrowings with maturities within 12 months,
SEKm Q2 2009 Q2 2008 2009 2008
amounted to SEK 10,702m with average maturities of 4.3 years,
Cash flow from operations,
excluding change in operating
compared to SEK 9,963m and 4.7 years by the end of 2008.
assets and liabilities 1,266 1,097 1,596 1,237 During 2009 and 2010, long-term borrowings in the amount of
Change in operating assets and approximately SEK 1,500m will mature. Liquid funds as of June 30,
liabilities 2,810 914 3,119 735 2009, excluding a committed unused revolving credit facility of
Investments -569 -885 -1,273 -1,335 EUR 500m, amounted to SEK 12,886m.
Cash flow from operations
and investments 3,507 1,126 3,442 637
Net assets and working capital
Dividend 0 -1,204 0 -1,204
Average net assets for the period amounted to SEK 20,690m
Sale of shares 45 14 45 17
(20,088). Net assets as of June 30, 2009, amounted to
Total cash flow, excluding
change in loans and short- SEK 19,435m (19,574).
term investments 3,552 -64 3,487 -550 Adjusted for items affecting comparability, i.e., restructuring pro-
visions, average net assets amounted to SEK 21,578m (21,231),
corresponding to 20.2% (21.3) of net sales.
Working capital as of June 30, 2009, decreased to SEK -6,622m
(-2,873), corresponding to -6.0% (-2.8) of annualized net sales.
The return on net assets was 6.4% (2.5), and 9.9% (7.1), excluding
items affecting comparability.
Cash flow from operations and investments Cash flow and change in net borrowings
SEKm
4,000 Net borrowings Dec. 31, 2008
Operations
3,000
Operating assets and liabilities
2,000
Investments
1,000 Dividend
0 Sale of shares
Q1 Q2 Q3 Q4 Q1 Q2
Exchange-rate differences
–1,000
Net borrowings June 30, 2009
2008 2009
–2,000
0
0
0
00
0
0
SEKm
00
00
00
00
,0
,
,
2,
4,
–6
–4
–2

7. 7
Interim report January - June 2009
Other items In accordance with the proposal by the Board of Directors, the AGM
decided to authorize the Board to transfer own shares on the
New head of Professional Products account of company acquisitions during the period up until the AGM
Alberto Zanata was appointed new head of Electrolux Professional in 2010. The Board of Directors did not request any mandate from
Products in June 2009. He suceeded Dr. Detlef Münchow, who is the AGM to repurchase additional shares in the company.
leaving the Group. Alberto Zanata is a member of Group Manage- The AGM also authorized transfers of up to 3,000,000 repurcha-
ment and reports to the President and CEO Hans Stråberg. sed B-shares to cover costs that may arise as a result of the pre-
Previously, Zanata has held various management positions within vious employee stock-option programs for 2002-2003 and the
Electrolux operations for professional products. Electrolux Performance Share Program 2007.
As of June 30, 2009, Electrolux held 24,805,519 B-shares, cor-
Asbestos litigation in the US responding to 8.0% of the total number of outstanding shares, see
Litigation and claims related to asbestos are pending against the table on page 12.
Group in the US. Almost all of the cases refer to externally supplied
components used in industrial products manufactured by disconti-
nued operations prior to the early 1970s. Some of the cases involve
Risks and uncertainty factors
multiple plaintiffs who have made identical allegations against many Risks in connection with the Group’s operations can, in general, be
other defendants who are not part of the Electrolux Group. divided into operational risks related to business operations and
As of June 30, 2009, the Group had a total of 2,776 (2,288) cases those related to financial operations. Operational risks are normally
pending, representing approximately 3,120 (approximately 2,870) managed by the operative units within the Group, and financial risks
plaintiffs. During the second quarter 2009, 182 new cases with 182 by the Group’s treasury department.
plaintiffs were filed and 196 pending cases with approximately 380
plaintiffs were resolved. Approximately 80 of the plaintiffs relate to Risks and uncertainty factors
cases pending in the state of Mississippi. Electrolux operates in competitive markets, most of which are rela-
Additional lawsuits may be filed against Electrolux in the future. It tively mature. Demand for appliances varies with general business
is not possible to predict either the number of future claims or the conditions, and price competition is strong in a number of product
number of plaintiffs that any future claims may represent. In addi- categories. Electrolux ability to increase profitability and shareholder
tion, the outcome of asbestos claims is inherently uncertain and value is largely dependent on its success in developing innovative
always difficult to predict and Electrolux cannot provide any assu- products and maintaining cost-efficient production. Major factors
rances that the resolution of these types of claims will not have a for maintaining and increasing competitiveness include managing
material adverse effect on its business or on results of operations in fluctuations in prices for raw materials and components as well as
the future. implementing restructuring. In addition to these operative risks, the
Group is exposed to risks related to financial operations, e.g., inte-
Repurchase and transfer of own shares
For several years, Electrolux has on the basis of authorizations by
the AGM acquired and transferred own shares. The purpose of the
share-repurchase programs has been to enable adapting the capi-
tal structure of the Group and thereby to contribute to increased
shareholder value, or to use the repurchased shares in conjunction
with the financing of potential acquisitions and the Group’s share-
related incentive programs.
Relocation of production, items affecting comparability, restructuring measures 2007–2010
Plant closures and cutbacks Closed Re-engineering Effected
Torsvik Sweden Compact appliances (Q1 2007) Porcia Italy Washing machines (Q4 2010)
Nuremberg Germany Dishwashers, washing (Q1 2007)
machines and dryers
Adelaide Australia Dishwashers (Q2 2007)
In 2004, Electrolux initiated a restructuring program to make the Group’s
Fredericia Denmark Cookers (Q4 2007) production competitive in the long term. When it is fully implemented in
Adelaide Australia Washing machines (Q1 2008) 2010, more than half of production of appliances will be located in low-cost
Spennymoor UK Cookers (Q4 2008) countries and savings will amount to approximately SEK 3 billion annually.
Restructuring provisions and write-downs are reported as items affecting
Changsha China Refrigerators (Q1 2009)
comparability within operating income. For information on provisions in the
first half of 2009, see table on page 11.
Authorized closures Estimated closure
Scandicci Italy Refrigerators (Q3 2009)
St. Petersburg Russia Washing machines (Q2 2010)

8. 8
Interim report January - June 2009
rest risks, financing risks, currency risks and credit risks. The Changes in prices for raw materials and components
Group’s development is strongly affected by external factors, of The raw materials to which the Group is mainly exposed comprise
which the most important in terms of managing risks currently steel, plastics, copper and aluminum. Bilateral agreements are
include: used to manage price risks. To some extent, raw materials are
purchased at spot prices. There is considerable uncertainty regar-
Variations in demand ding trends for the prices of raw materials.
Demand for appliances is affected by the general business cycle. Access to financing
A deterioration in these conditions may lead to lower sales volumes In 2008, the Group improved its loan-maturity profile and thus sub-
as well as a shift of demand to low-price products, which generally stantially reduced dependence on short-term borrowings.
have lower margins. Utilization of production capacity may also Electrolux has an unused revolving credit facility for long- or short-
decline in the short term. The global economic trend is an uncerta- term back-up.
inty factor in terms of the development of earnings in 2009.
Risks, risk management and risk exposure are described in more
Price competition detail in the Annual report 2008, www.electrolux.com/annualre-
A number of the markets in which Electrolux operates features port2008.
strong price competition. The Group’s strategy is based on innova-
tive products and brand-building, and is aimed, among other things,
at minimizing and offsetting price competition for its products.
A continued downturn in market conditions involves a risk of increa-
sing price competition.
Sensitivity analysis year-end 2008 Raw materials exposure 2008
Pre-tax earnings
Risk Change impact, SEKm Carbon steel, 39%
Raw materials Stainless steel, 9%
Steel 10% +/– 1,000
Copper and aluminum, 12%
Plastics 10% +/– 500
Plastics, 22%
Currencies¹)
and interest rates Other, 18%
AUD/SEK –10% – 253
GBP/SEK –10% – 238 In 2008, Electrolux purchased raw
materials for approximately
HUF/SEK –10% + 206
SEK 23 billion. Purchases of steel
USD/SEK –10% + 458
accounted for the largest cost.
EUR/SEK –10% + 684
Interest rate 1 percentage point +/– 70
1) Include translation and transaction effects.

9. 9
Interim report January - June 2009
Parent company AB Electrolux New accounting standards
The Parent Company comprises the functions of the Group’s head IAS 1 Presentation of Financial Statements (Revised)
office, as well as five companies operating on a commission basis The Group has implemented the revised IAS 1, which is effective as
for AB Electrolux. of January 1, 2009. As a consequence, the Group’s consolidated
Net sales for the Parent Company, AB Electrolux, for the first half income statement includes items of other comprehensive income.
of 2009 amounted to SEK 2,421m (2,729) of which These items were previously reported within consolidated equity.
SEK 1,116m (1,369) referred to sales to Group companies and Consequently, the consolidated equity statement is reported exclu-
SEK 1,305m (1,360) to external customers. Income after financial ding these items. The change does not imply any new information
items was SEK 979m (355), including dividends from subsidiaries in or changes in key ratios.
the amount of SEK 688m (772). Income for the period amounted to
SEK 1,009m (389). IFRS 8 Operating Segments
Capital expenditure in tangible and intangible assets was This new standard replaces IAS 14, Segment Reporting, and pre-
SEK 129m (136). Liquid funds at the end of the period amounted to scribes the measurement and presentation of segments. Electrolux
SEK 6,364m (2,536), as against SEK 4,045m at the start of the will report the same segments as previously. The impact of the new
year. standard will be disclosed according to the standard, e.g., sales per
Undistributed earnings in the Parent Company at the end of the country in the Annual Report.
period amounted to SEK 10,268m, as against SEK 9,110m at the The standard is effective for annual periods beginning on/or after
start of the year. January 1, 2009. The Group has applied the additional disclosure
The income statement and balance sheet for the Parent Com- requirements in IAS 34, Interim Financial Reporting, in accordance
pany are presented on page 18. with the new standard. As a consequence, assets and liabilities per
segment are presented in the interim reports as from the
Stockholm, July 16, 2009 first quarter of 2009.
Hans Stråberg
President and CEO
Press releases 2009 Accounting and valuation principles
February 4 Consolidated results 2008 and CEO Electrolux applies International Financial Reporting Standards
Hans Stråberg’s comments (IFRS) as adopted by the European Union. This report has been
February 23 Nomination Committee proposes re-election prepared in accordance with IAS 34, Interim Financial Reporting,
of Board members and ÅRL, the Swedish Annual Accounts Act and recommenda-
March 30 Dr. Detlef Münchow to leave Electrolux tion RFR 2.2, Accounting for legal entities, issued by the Swedish
March 31 Electrolux to close factory in St. Petersburg, Russia Financial Reporting Board. There are no changes in the Group’s
March 31 Electrolux Annual General Meeting 2009: Excerpts from accounting and valuation principles compared with the accoun-
the speech by President and CEO Hans Stråberg ting and valuation principles described in Note 1 of the Annual
April 22 Interim report January-March and CEO Report 2008 and the description on new accounting standards
Hans Stråberg’s comments above.
April 28 Electrolux will slash energy use by a further
15% by 2012
June 12 Alberto Zanata appointed new head of This report has not been audited.
Professional Products

10. 10
Interim report January - June 2009
The Board of Directors and the President and CEO certify that the Interim report for the period January - June 2009 gives a true and
fair overview of the Parent Company AB Electrolux and the Group’s operations, their financial position and results of operations, and
describes significant risks and uncertainties facing the Parent Company and other companies in the Group.
Stockholm, July 15, 2009
Marcus Wallenberg
Chairman of the Board of Directors
Peggy Bruzelius
Vice Chairman of the Board of Directors
Torben Ballegaard Sørensen Hasse Johansson
Board member Board member
John S. Lupo Johan Molin
Board member Board member
Caroline Sundewall Barbara Milian Thoralfsson
Board member Board member
Hans Stråberg
Board member, President and CEO
Ola Bertilsson Gunilla Brandt Ulf Carlsson
Board member, Board member, Board member,
union representative union representative union representative

11. 11
Interim report January - June 2009
Consolidated income statement
First half First half Full year
SEKm Q2 2009 Q2 2008 2009 2008 2008
Net sales 27,482 25,587 53,300 49,780 104,792
Cost of goods sold -22,145 -20,838 -43,586 -41,173 -86,795
Gross operating income 5,337 4,749 9,714 8,607 17,997
Selling expenses -3,093 -2,911 -6,089 -5,751 -11,788
Administrative expenses -1,213 -1,042 -2,559 -2,268 -4,839
Other operating income/expenses -4 -3 -1 166 173
Items affecting comparability 25 -539 -399 -505 -355
Operating income 1,052 254 666 249 1,188
Margin, % 3.8 1.0 1.2 0.5 1.1
Financial items, net -120 -114 -227 -258 -535
Income after financial items 932 140 439 -9 653
Margin, % 3.4 0.5 0.8 0.0 0.6
Taxes -274 -41 -127 2 -287
Income for the period 658 99 312 -7 366
Available for sale instruments1) 90 -33 74 -357 -403
Cash flow-hedges2) 53 17 -167 -30 21
Exchange differences on translation of foreign operations3) 123 675 585 -66 1,589
Income tax relating to components of other comprehensive
income - - -
Other comprehensive income, net of tax4) 266 659 492 -453 1,207
Total comprehensive income for the period 924 758 804 -460 1,573
Income for the period attributable to:
Equity holders of the Parent Company 658 99 312 -7 366
Non-controlling interests in income for the period - - - - -
Total comprehensive income for the period attributable to:
Equity holders of the Parent Company 924 758 804 -460 1,573
Non-controlling interest in income for the period - - - - -
Earnings per share, SEK 2.32 0.36 1.10 -0.02 1.29
Diluted, SEK 2.32 0.36 1.10 -0.02 1.29
Number of shares after buy-backs, million 284.1 283.6 284.1 283.6 283.6
Average number of shares after buy-backs, million 283.9 283.5 283.8 282.7 283.1
Diluted, million 284.4 283.6 284.2 282.9 283.2
1) Available for sale instruments refer to the fair-value changes in Electrolux share holdings in Videocon Industries Ltd., India. The share holdings are classified as
available for sale in accordance with IFRS.
2) Cash-flow hedges refer to changes in valuation of currency contracts used for hedging future foreign currency transactions. When the actual transaction occurs,
the result is reported within operating income.
3) Exchange differences on translation of foreign operations refer to changes in exchange rates when net investments in foreign subsidiaries are translated to SEK.
The amount is reported net of hedging contracts.
4) These items were previously reported within the financial statement; Changes in consolidated equity.
Items affecting comparability
First half First half Full year
SEKm Q2 2009 Q2 2008 2009 2008 2008
Restructuring provisions and write-downs
Appliances plant in Changsha, China 25 0 -162 0 0
Appliances plant in Porcia, Italy 0 0 -132 0 0
Appliances plant in St. Petersburg, Russia 0 0 -105 0 0
Appliances plants in Scandicci and Susegana, Italy 0 -539 0 -539 -487
Reversal of unused restructuring provisions 0 0 0 34 132
Total 25 -539 -399 -505 -355

12. 12
Interim report January - June 2009
Consolidated balance sheet
SEKm June 30, 2009 June 30, 2008 Dec. 31, 2008
Assets
Property, plant and equipment 16,383 15,026 17,035
Goodwill 2,282 2,026 2,095
Other intangible assets 2,873 2,262 2,823
Investments in associates 19 26 27
Deferred tax assets 3,078 2,111 3,180
Financial assets 361 304 280
Other non-current assets 1,657 1,574 1,472
Total non-current assets 26,653 23,329 26,912
Inventories 12,290 13,360 12,680
Trade receivables 20,932 20,162 20,734
Tax assets 609 511 511
Derivatives 612 448 1,425
Other current assets 3,554 3,304 3,460
Short-term investments 1,920 98 296
Cash and cash equivalents 9,964 5,558 7,305
Total current assets 49,881 43,441 46,411
Total assets 76,534 66,770 73,323
Equity and liabilities
Equity attributable to equity holders of the Parent Company
Share capital 1,545 1,545 1,545
Other paid-in capital 2,905 2,905 2,905
Other reserves 2,543 384 2,052
Retained earnings 10,245 9,522 9,883
17,238 14,356 16,385
Minority interests 0 1 0
Total equity 17,238 14,357 16,385
Long-term borrowings 10,702 8,543 9,963
Deferred tax liabilities 596 882 840
Provisions for post-employment benefits 6,582 5,928 6,864
Other provisions 4,301 4,183 4,175
Total non-current liabilities 22,181 19,536 21,842
Accounts payable 16,543 16,191 15,681
Tax liabilities 2,292 1,676 2,329
Short-term liabilities 11,648 10,344 10,644
Short-term borrowings 3,499 2,539 3,168
Derivatives 781 426 784
Other provisions 2,352 1,701 2,490
Total current liabilities 37,115 32,877 35,096
Total equity and liabilities 76,534 66,770 73,323
Contingent liabilities 1,471 1,187 1,293
Shares
Shares held
Outstanding Outstanding Shares held by by other
Number of shares A-shares B-shares Electrolux shareholders
Number of shares as of January 1, 2009 9,502,275 299,418,033 25,338,804 283,581,504
Shares sold to senior managers under the
stock option programs
First quarter - - - -
Second quarter - - -533,285 533,285
Shares alloted to senior managers under the
Performance Share Program - - - -
Number of shares as of June 30, 2009 9,502,275 299,418,033 24,805,519 284,114,789
As % of total number of shares 8.0%

13. 13
Interim report January - June 2009
Consolidated cash flow statement
First half Full year
SEKm Q2 2009 Q2 2008 2009 First half 2008 2008
Operations
Operating income 1,052 254 666 249 1,188
Depreciation and amortization 886 695 1,757 1,384 3,010
Capital gain/loss included in operating income 0 0 0 -167 -198
Restructuring provisions -261 466 -118 707 1,134
Share-based compensation 4 -37 4 -36 -41
Financial items paid -181 -72 -223 -383 -729
Taxes paid -234 -209 -490 -517 -918
Cash flow from operations, excluding change
in operating assets and liabilities 1,266 1,097 1,596 1,237 3,446
Change in operating assets and liabilities
Change in inventories 529 -479 543 -1,176 923
Change in trade receivables -8 -579 562 203 1,869
Change in other current assets -184 -265 -2 -361 -178
Change in accounts payable 1,351 1,397 937 1,498 -686
Change in other operating liabilities and provisions 1,122 840 1,079 571 -425
Cash flow from change in operating assets
and liabilities 2,810 914 3,119 735 1,503
Cash flow from operations 4,076 2,011 4,715 1,972 4,949
Investments
Divestment of operations 0 0 0 0 -34
Capital expenditure in property, plant and equipment -404 -779 -918 -1,276 -3,158
Capitalization of product development -63 -129 -211 -275 -544
Other -102 23 -144 216 -19
Cash flow from investments -569 -885 -1,273 -1,335 -3,755
Cash flow from operations and investments 3,507 1,126 3,442 637 1,194
Financing
Change in short-term investments -864 -63 -1,624 60 -128
Change in short-term borrowings -466 -2,049 -466 -771 -681
New long-term borrowings 4 3,151 1,632 4,174 5,289
Amortization of long-term borrowings -12 0 -524 -2,832 -2,923
Dividend 0 -1,204 0 -1,204 -1,204
Sale of shares 45 14 45 17 17
Cash flow from financing -1,293 -151 -937 -556 370
Total cash flow 2,214 975 2,505 81 1,564
Cash and cash equivalents at beginning of period 7,714 4,501 7,305 5,546 5,546
Exchange-rate differences 36 82 154 -69 195
Cash and cash equivalents at end of period 9,964 5,558 9,964 5,558 7,305
Change in net borrowings
Total cash flow, excluding change in loans
and short-term investments 3,552 -64 3,487 -550 7
Net borrowings at beginning of period -4,927 -5,192 -4,556 -4,703 -4,703
Exchange-rate differences referring to net borrowings -822 39 -1,128 36 140
Net borrowings at end of period -2,197 -5,217 -2,197 -5,217 -4,556

14. 14
Interim report January - June 2009
Change in consolidated equity
June 30, June 30, Dec.31,
SEKm 2009 2008 2008
Opening balance 16,385 16,040 16,040
Total comprehensive income for the period 804 -460 1,573
Share-based payment 4 -36 -41
Sale of shares 45 17 17
Dividend 0 -1,204 -1,204
Total transactions with equity holders 49 -1,223 -1,228
Closing balance 17,238 14,357 16,385
Working capital and net assets
% of annualized % of annualized % of annualized
SEKm June 30, 2009 net sales June 30, 2008 net sales Dec. 31, 2008 net sales
Inventories 12,290 11.2 13,360 13.0 12,680 11.0
Trade receivables 20,932 19.0 20,162 19.7 20,734 17.9
Accounts payable -16,543 -15.0 -16,191 -15.8 -15,681 -13.6
Provisions -13,235 -11,812 -13,529
Prepaid and accrued income and expenses -8,279 -6,916 -7,263
Taxes and other assets and liabilities -1,787 -1,476 -2,072
Working capital -6,622 -6.0 -2,873 -2.8 -5,131 -4.4
Property, plant and equipment 16,383 15,026 17,035
Goodwill 2,282 2,026 2,095
Other non-current assets 4,910 4,166 4,602
Deferred tax assets and liabilities 2,482 1,229 2,340
Net assets 19,435 17.7 19,574 19.1 20,941 18.1
Average net assets 20,690 19.4 20,088 20.2 20,538 19.6
Average net assets, excluding items affecting
comparability 21,578 20.2 21,231 21.3 21,529 20.5
Key ratios
First half First half Full year
Q2 2009 Q2 2008 2009 2008 2008
Net sales, SEKm 27,482 25,587 53,300 49,780 104,792
Operating income, SEKm 1,052 254 666 249 1,188
Margin, % 3.8 1.0 1.2 0.5 1.1
EBITDA, SEKm 1,938 949 2,423 1,633 4,198
Earnings per share, SEK¹) 2.32 0.36 1.10 -0.02 1.29
Return on net assets, % - - 6.4 2.5 5.8
Return on equity, % - - 3.9 -0.1 2.4
Equity per share, SEK - - 60.67 50.63 57.78
Cash flow from operations, SEKm 4,076 2,011 4,715 1,972 4,949
Capital expenditure, SEKm -404 -779 -918 -1,276 -3,158
Net borrowings, SEKm - - 2,197 5,217 4,556
Net debt/equity ratio - - 0.13 0.36 0.28
Equity/assets ratio, % - - 27.1 23.8 25.6
Average number of employees 49,507 55,212 50,349 55,934 55,177
Excluding items affecting comparability
Operating income, SEKm 1,027 793 1,065 754 1,543
Margin, % 3.7 3.1 2.0 1.5 1.5
EBITDA, SEKm 1,913 1,488 2,822 2,138 4,553
Earnings per share, SEK¹) 2.23 1.74 2.44 1.24 2.32
Return on net assets, % - - 9.9 7.1 7.2
Return on equity, % - - 8.6 4.7 4.2
Value creation, SEKm 389 175 -230 -520 -1,040
1) Basic, based on average number of shares excluding shares owned by Electrolux, see page 11.
For definitions, see page 19.

15. 15
Interim report January - June 2009
Net sales by business area
First half First half Full year
SEKm Q2 2009 Q2 2008 2009 2008 2008
Consumer Durables, Europe 9,935 10,500 20,110 21,025 44,342
Consumer Durables, North America 9,848 8,214 18,992 15,489 32,801
Consumer Durables, Latin America 3,326 2,548 5,951 4,952 10,970
Consumer Durables, Asia/Pacific and Rest of world 2,521 2,369 4,666 4,597 9,196
Professional Products 1,850 1,944 3,577 3,697 7,427
Other 2 12 4 20 56
Total 27,482 25,587 53,300 49,780 104,792
Operating income by business area
First half First half Full year
SEKm Q2 2009 Q2 2008 2009 2008 2008
Consumer Durables, Europe 257 294 382 102 -22
Margin, % 2.6 2.8 1.9 0.5 0.0
Consumer Durables, North America 498 113 321 -41 222
Margin, % 5.1 1.4 1.7 -0.3 0.7
Consumer Durables, Latin America 142 133 192 289 715
Margin, % 4.3 5.2 3.2 5.8 6.5
Consumer Durables, Asia/Pacific and Rest of world 104 147 164 252 369
Margin, % 4.1 6.2 3.5 5.5 4.0
Professional Products 165 225 270 408 774
Margin, % 8.9 11.6 7.5 11.0 10.4
Total business areas 1,166 912 1,329 1,010 2,058
Margin, % 4.2 3.6 2.5 2.0 2.0
Common Group costs, etc. -139 -119 -264 -256 -515
Items affecting comparability 25 -539 -399 -505 -355
Operating income 1,052 254 666 249 1,188
Change in net sales by business area
Q2 2009 First half 2009
in comparable First half in comparable
Year-over-year, % Q2 2009 currencies 2009 currencies
Consumer Durables, Europe -5.4 -15.2 -4.4 -14.1
Consumer Durables, North America 19.9 -7.8 22.6 -4.5
Consumer Durables, Latin America 30.5 23.3 20.2 13.1
Consumer Durables, Asia/Pacific and Rest of world 6.4 -5.4 1.5 -9.1
Professional Products -4.8 -16.5 -3.2 -14.9
Total change 7.4 -8.4 7.1 -8.0
Change in operating income by business area
Q2 2009 First half 2009
in comparable First half in comparable
Year-over-year, % Q2 2009 currencies 2009 currencies
Consumer Durables, Europe -12.6 12.7 274.5 516.1
Consumer Durables, North America 340.7 238.8 882.9 846.5
Consumer Durables, Latin America 6.8 -3.4 -33.6 -38.9
Consumer Durables, Asia/Pacific and Rest of world -29.3 -27.3 -34.9 -31.4
Professional Products -26.7 -34.8 -33.8 -41.0
Total change, excluding items affecting comparability 29.5 31.0 41.2 42.6

16. 16
Interim report January - June 2009
Exchange rates
SEK June 30, 2009 June 30, 2008 Dec. 31, 2008
AUD, average 5.76 5.67 5,56
AUD, end of period 6.24 5.77 5,34
CAD, average 6.72 6.15 6,21
CAD, end of period 6.66 5.93 6,26
EUR, average 10.89 9.40 9.67
EUR, end of period 10.84 9.45 10.93
GBP, average 12.08 12.18 12.11
GBP, end of period 12.74 11.93 11.19
USD, average 8.08 6.13 6.59
USD, end of period 7.67 5.98 7.70
Net sales and income per quarter
SEKm Q1 Q2 Q3 Q4 Full year
Net sales 2009 25,818 27,482 53,300
2008 24,193 25,587 26,349 28,663 104,792
Operating income 2009 -386 1,052 666
Margin, % -1.5 3.8 1.2
2009¹) 38 1,027 1,065
Margin, % 0.1 3.7 2.0
2008 -5 254 1,286 -347 1,188
Margin, % 0.0 1.0 4.9 -1.2 1.1
2008¹) -39 793 1,178 -389 1,543
Margin, % -0.2 3.1 4.5 -1.4 1.5
Income after financial items 2009 -493 932 439
Margin, % -1.9 3.4 0.8
2009¹) -69 907 838
Margin, % -0.3 3.3 1.6
2008 -149 140 1,192 -530 653
Margin, % -0.6 0.5 4.5 -1.8 0.6
2008¹) -183 679 1,084 -572 1,008
Margin, % -0.8 2.7 4.1 -2.0 1.0
Income for the period 2009 -346 658 312
2008 -106 99 847 -474 366
Earnings per share, SEK ²) 2009 -1.22 2.32 1.10
2009¹) 0.21 2.23 2.44
2008 -0.38 0.36 2.99 -1.68 1.29
2008¹) -0.50 1.74 2.90 -1.82 2.32
Value creation 2009 -619 389 -230
2008 -695 175 532 -1,052 -1,040
1) Excluding items affecting comparability.
2) Basic, based on average number of shares, excluding shares owned by Electrolux.
Number of shares, basic
Number of shares after buy-backs, million 2009 283.6 284.1
2008 283.4 283.6 283.6 283.6 283.6
Average number of shares after buy-backs, million 2009 283.6 283.9
2008 282.1 283.5 283.6 283.6 283.1
Items affecting comparability
Restructuring provisions, write-downs and capital 2009 -424 25 -399
loss on divestment, SEKm 2008 34 -539 108 42 -355

17. 17
Interim report January - June 2009
Net sales by business area per quarter
SEKm Q1 Q2 Q3 Q4 Full year
Consumer Durables, Europe 2009 10,175 9,935 20,110
2008 10,525 10,500 11,345 11,972 44,342
Consumer Durables, North America 2009 9,144 9,848 18,992
2008 7,275 8,214 8,384 8,928 32,801
Consumer Durables, Latin America 2009 2,625 3,326 5,951
2008 2,404 2,548 2,713 3,305 10,970
Consumer Durables, Asia/Pacific and Rest of world 2009 2,145 2,521 4,666
2008 2,228 2,369 2,190 2,409 9,196
Professional Products 2009 1,727 1,850 3,577
2008 1,753 1,944 1,709 2,021 7,427
Operating income by business area per quarter
SEKm Q1 Q2 Q3 Q4 Full year
Consumer Durables, Europe 2009 125 257 382
Margin, % 1.2 2.6 1.9
2008 -192 294 514 -638 -22
Margin, % -1.8 2.8 4.5 -5.3 0.0
Consumer Durables, North America 2009 -177 498 321
Margin, % -1.9 5.1 1.7
2008 -154 113 306 -43 222
Margin, % -2.1 1.4 3.6 -0.5 0.7
Consumer Durables, Latin America 2009 50 142 192
Margin, % 1.9 4.3 3.2
2008 156 133 182 244 715
Margin, % 6.5 5.2 6.7 7.4 6.5
Consumer Durables, Asia/Pacific and Rest of world 2009 60 104 164
Margin, % 2.8 4.1 3.5
2008 105 147 101 16 369
Margin, % 4.7 6.2 4.6 0.7 4.0
Professional Products 2009 105 165 270
Margin, % 6.1 8.9 7.5
2008 183 225 185 181 774
Margin, % 10.4 11.6 10.8 9.0 10.4
Common Group costs, etc. 2009 -125 -139 -264
2008 -137 -119 -110 -149 -515
Items affecting comparability 2009 -424 25 -399
2008 34 -539 108 42 -355
Net assets by business area
Assets Equity and liabilities Net assets
June 30, June 30, Dec. 31, June 30, June 30, Dec. 31, June 30, June 30, Dec. 31,
SEKm 2009 2008 2008 2009 2008 2008 2009 2008 2008
Consumer Durables, Europe 32,488 33,992 28,345 25,194 24,667 21,104 7,294 9,325 7,241
Consumer Durables, North America 12,775 10,694 15,422 5,742 4,269 7,089 7,033 6,425 8,333
Consumer Durables, Latin America 6,263 4,526 6,536 2,414 1,698 2,971 3,849 2,828 3,565
Consumer Durables, Asia/Pacific
and Rest of world 4,250 3,907 4,885 1,835 1,488 2,169 2,415 2,419 2,716
Professional Products 3,130 3,179 3,720 1,956 2,028 2,393 1,174 1,151 1,327
Other1) 4,937 3,996 4,937 6,375 5,620 6,595 -1,438 -1,624 -1,658
Items affecting comparability -195 52 87 697 1,002 670 -892 -950 -583
Total operating assets and
liabilities 63,648 60,346 63,932 44,213 40,772 42,991 19,435 19,574 20,941
Liquid funds 12,886 6,424 9,391 — — — — — —
Interest-bearing receivables — — — — — — — — —
Interest-bearing liabilities — — — 15,083 11,641 13,947 — — —
Equity — — — 17,238 14,357 16,385 — — —
Total 76,534 66,770 73,323 76,534 66,770 73,323 — — —
1) Includes common Group services.

18. 18
Interim report January - June 2009
Parent Company, income statement
First half First half Full year
SEKm Q2 2009 Q2 2008 2009 2008 2008
Net sales 1,187 1,352 2,421 2,729 5,808
Cost of goods sold -977 -1,276 -2,043 -2,535 -5,046
Gross operating income 210 76 378 194 762
Selling expenses -141 -172 -309 -323 -761
Administrative expenses -22 -57 -125 -245 -312
Other operating income 0 20 3 70 33
Other operating expenses -6 -6 -7 -9 -328
Operating income 41 -139 -60 -313 -606
Financial income 879 901 1,190 1,153 2,643
Financial expenses -154 -165 -151 -485 -1,462
Financial items, net 725 736 1,039 668 1,181
Income after financial items 766 597 979 355 575
Appropriations 6 3 13 7 20
Income before taxes 772 600 992 362 595
Taxes 13 14 17 27 38
Income for the period 785 614 1,009 389 633
Parent Company, balance sheet
Dec. 31,
SEKm June 30, 2009 June 30, 2008 2008
Assets
Non-current assets 27,335 25,604 26,493
Current assets 21,930 15,452 20,348
Total assets 49,265 41,056 46,841
Equity and liabilities
Restricted equity 4,562 4,562 4,562
Non-restricted equity 10,268 8,884 9,110
Total equity 14,830 13,446 13,672
Untaxed reserves 691 717 704
Provisions 605 535 618
Non-current liabilities 9,941 8,077 9,244
Current liabilities 23,198 18,281 22,603
Total equity and liabilities 49,265 41,056 46,841
Pledged assets 6 14 36
Contingent liabilities 1,862 1,357 1,720

19. 19
Interim report January - June 2009
Five-year review
Including Husqvarna
2008 2007 2006 2005 2005 2004¹)
Net sales, SEKm 104,792 104,732 103,848 100,701 129,469 120,651
Operating income, SEKm 1,188 4,475 4,033 1,044 3,942 4,807
Margin, % 1.1 4.3 3.9 1.0 3.0 4.0
Margin, excluding items affecting
comparability, % 1.5 4.6 4.4 4.0 5.4 5.6
Income after financial items, SEKm 653 4,035 3,825 494 3,215 4,452
Margin, % 0.6 3.9 3.7 0.5 2.5 3.7
Margin, excluding items
affecting comparability, % 1.0 4.2 4.2 3.4 4.8 5.3
Income for the period, SEKm 366 2,925 2,648 -142 1,763 3,259
Earnings per share, SEK 1.29 10.41 9.17 -0.49 6.05 10.92
Average number of shares after
buy-backs, million 283.1 281.0 288.8 291.4 291.4 298.3
Dividend, SEK - 4.25 4.00 7.50 7.50 7.00
Value creation, SEKm -1,040 2,053 2,202 1,305 2,913 3,054
Return on equity, % 2.4 20.3 18.7 - 7.0 13.1
Return on net assets, % 5.8 21.7 23.2 5.4 13.0 17.5
Net debt/equity ratio 0.28 0.29 -0.02 - 0.11 0.05
Capital expenditure, SEKm 3,158 3,430 3,152 3,654 4,765 4,515
Average number of employees 55,177 56,898 55,471 57,842 69,523 72,382
1) Restated to comply with IFRS, except for IAS 39. If IAS 39 had been applied in 2004, the volatility in income,
net borrowings and equity would most probably have been higher.
Definitions
Capital indicators Other key ratios
Annualized sales Earnings per share
In computation of key ratios where capital is related to net sales, the Income for the period divided by the average number of shares after
latter are annualized and converted at year-end-exchange rates buy-backs.
and adjusted for acquired and divested operations.
Operating margin
Net assets Operating income expressed as a percentage of net sales.
Total assets exclusive of liquid funds and interest-bearing financial
receivables less operating liabilities, non-interest-bearing provisions EBITDA
and deferred tax liabilities. Operating income before depreciation and amortization.
Working capital Value creation
Current assets exclusive of liquid funds and interest-bearing finan- Operating income excluding items affecting comparability less the
cial receivables less operating liabilities and non-interest-bearing weighted average cost of capital (WACC) on average net assets
provisions. excluding items affecting comparability: [(Net sales – operating
costs = operating income) – (WACC x average net assets)]. The
Net borrowings WACC rate before tax for 2009, 2008 and 2007 is calculated at 12%
Total borrowings less liquid funds. compared to 11% for 2006, 12% for 2005 and 2004.
Net debt/equity ratio Return on equity
Net borrowings in relation to equity. Income for the period expressed as a percentage of average
equity.
Equity/assets ratio
Equity as a percentage of total assets less liquid funds. Return on net assets
Operating income expressed as a percentage of average net
assets.

20. 20
Interim report January - June 2009
President and CEO Hans Stråberg’s
comments on the second quarter
results 2009
Today’s press release is available on the Electrolux website
www.electrolux.com/ir
Telephone conference
A telephone conference will be held at 15.00-16.00 CET on July
16, 2009. The conference will be chaired by Hans Stråberg, Presi-
dent and CEO of Electrolux. Mr. Stråberg will be accompanied by
Jonas Samuelson, CFO, and Peter Nyquist, Head of Investor
Relations and Financial Information.
A slide presentation for the second quarter of 2009 will be
available on the Electrolux website www.electrolux.com/ir
Details for participation by telephone:
Participants in Sweden should call +46 (0)8 505 598 53
Participants in UK/Europe should call +44 (0)20 3043 2436
Participants in US should call +1 866 458 4087
You can also listen to the presentation at
http://www.electrolux.com/webcast1
For further information
Peter Nyquist, Head of Investor Relations and Financial
Information: +46 (0)8 738 60 03.
Financial information from Electrolux is also available at
www.electrolux.com/ir
Factors affecting forward-looking statements
This report contains “forward-looking” statements within the meaning of the US Private Securities Litigation Reform Act of 1995. Such
statements include, among others, the financial goals and targets of Electrolux for future periods and future business and financial plans.
These statements are based on current expectations and are subject to risks and uncertainties that could cause actual results to differ
materially due to a variety of factors. These factors include, but may not be limited to the following; consumer demand and market condi-
tions in the geographical areas and industries in which Electrolux operates, effects of currency fluctuations, competitive pressures to
reduce prices, significant loss of business from major retailers, the success in developing new products and marketing initiatives, deve-
lopments in product liability litigation, progress in achieving operational and capital efficiency goals, the success in identifying growth
opportunities and acquisition candidates and the integration of these opportunities with existing businesses, progress in achieving struc-
tural and supply-chain reorganization goals.
Calendar 2009
Financial reports 2009
Interim report January–September October 26
Electrolux discloses the information provided herein pursuant
to the Securities Market Act and/or the Financial Instruments
Trading Act. The information was submitted for publication at
08.00 CET on July 16, 2009.